The most prestigious law school admissions discussion board in the world.
|
 |
 
|
Capital One Money Market account yields 1.1 percent
Poast new message in this thread
Date: July 22nd, 2017 6:49 PM Author: Buck-toothed talented kitty True, it's lower than the historical returns of stocks and bonds. But you'll have peace of mind. Don't have to be glued to the screen waiting for bubbles and crashes. (http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832602) |
Date: July 22nd, 2017 6:50 PM Author: 180 Newt yeah but then the gubmint takes 35% of that shit (http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832603) |
|
Date: July 22nd, 2017 6:51 PM Author: Frum school cafeteria Might as well buy REITs or investment grade bonds or even treasuries. (http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832611) |
 |
Date: July 22nd, 2017 7:11 PM Author: Buck-toothed talented kitty You say that as if there is zero risk. The treasuries that are pretty much zero risk don't yield that much more than these accounts, but without FDIC insurance. You still have to monitor any portfolio of bonds and stocks you have. |
|
Date: July 22nd, 2017 7:11 PM Author: Buck-toothed talented kitty How do you know REITS won't decline in value (http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832749) |
|
Date: July 22nd, 2017 7:13 PM Author: 180 Newt just buy intc and msft and let do (http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832760) |
|
Date: July 22nd, 2017 6:52 PM Author: Unholy location why even bother? there are savings accounts that earn 1%. (http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832619) |
|
Date: July 22nd, 2017 6:53 PM Author: Laughsome magenta bawdyhouse link? (http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832624) |
|
Date: July 22nd, 2017 6:54 PM Author: Unholy location https://www.ally.com/bank/online-savings-account/?nt=g&d=c&ag=44812528547&key=kwd-302091306443&ad=204371303692&ex=&cid=71700000022771382&agid=58700002389379409&kwid=p20340588159&CP=ppc2017g&hash=&gclid=EAIaIQobChMIr6f82P2d1QIVSLjACh3alg3pEAAYAiAAEgJ1fPD_BwE
no fees no minimum balance |
|
Date: July 22nd, 2017 6:56 PM Author: Laughsome magenta bawdyhouse not to be overly boomerish but wtf is ally bank? (http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832641) |
|
Date: July 22nd, 2017 6:56 PM Author: Unholy location its online. if you just need a place to park your money with a high yield accounts its cr. (http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832651) |
|
Date: July 22nd, 2017 6:57 PM Author: Odious self-centered pozpig It's an online-only bank. No physical branches. You can deposit checks using their phone app.
It used to be GMAC's banking unit until 2009 when the name was changed and it went online-only. |
|
Date: July 22nd, 2017 7:05 PM Author: 180 Newt i imagine there are deposit limits? (http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832703) |
|
Date: July 22nd, 2017 7:25 PM Author: Odious self-centered pozpig Just the FDIC limit of 250k to be insured. You can put more, it's just the excess is not insured.
To earn these interest rates, no, it doesn't have an upper limit (other banks often do). You earn the stated interest rate on the full amount you have deposited. |
|
Date: July 22nd, 2017 7:08 PM Author: Buck-toothed talented kitty Money market accounts typically yield more than savings accounts. Plus I believe you can draft up to 6 checks a month with a money market. It's also FDIC insured. |
|
Date: July 22nd, 2017 6:52 PM Author: Umber Piazza Weed Whacker Goldman Sachs high yield savings account offering 1.2% with no minimum. (http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832621) |
|
Date: July 22nd, 2017 6:52 PM Author: 180 Newt this (http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832623) |
|
Date: July 22nd, 2017 6:53 PM Author: Umber Piazza Weed Whacker Ty, ty (http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832631) |
|
Date: July 22nd, 2017 6:53 PM Author: Unholy location ally offers 1% (http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832626) |
|
Date: July 22nd, 2017 7:03 PM Author: exhilarant saffron lettuce hell 1% < 1.2% (http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832685) |
|
Date: July 22nd, 2017 7:10 PM Author: Buck-toothed talented kitty Capital One is better because of the access to branches and ATMs. Plus you link a checking account if you need to write a lot of checks. (http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832739) |
|
Date: July 22nd, 2017 6:55 PM Author: Hideous Jewess Community Account Just copped Ally 1.15% (http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832637) |
|
Date: July 22nd, 2017 6:56 PM Author: Unholy location cr (http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832644) |
|
Date: July 22nd, 2017 7:07 PM Author: Buck-toothed talented kitty Unlike Ally, Capital one has a million branches and ATMs. In NYC at least. So you link it with a checking account and use the latter account for liquidity. You can actually make up to 6 transactions a month with a money market. (http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832718) |
|
Date: July 22nd, 2017 7:33 PM Author: fishy french chef gunner Just do lose effective buying power from inflation. Great. (http://www.autoadmit.com/thread.php?thread_id=3682099&forum_id=2#33832915) |